What should be its current pe ratio

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Intel Co is a mature firm with growing earnings and dividends per share. The firm's most recent earnings per share (EPSo) was $1.85, which is expected to grow at a constant rate of 8% per year in the future. The firm has a dividend payout ratio of 60%. Assuming a required rate of return of 13% per year, what should be its current stock price? What should be its current PE ratio?

Reference no: EM132694669

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